SC resumes hearing of Panama Papers case

ISLAMABAD: Supreme Court of Pakistan will continue the hearing of Panamagate Case on Thursday.
A larger bench of the apex court comprising of five judges – Justice Asif Saeed Khosa, Justice Azmat Saeed, Justice Ijaz Afzal, Justice Gulzar Ahmed and Justice Ijaz-ul-Hasan- will hear the proceedings in the case against the family members of Prime Minister Nawaz Sharif.
In the hearing on Wednesday, counsel of Pakistan Tehreek-e-Insaf (PTI) Naeem Bukhari said that the statements of the prime minister and his children are contradictory.
He also argued that a bearer certificate is not a prize bond, which owned by the person who is possessing it.
“According to the law intimation of holding the bearer certificate is necessary, the counsel said.
He went on to say that Sharif family have to produce evidence that the Qatari family was holding the bearer certificate, Bukhari further argued.
Bukhari further stated that the bearer certificate was in possession of the Qatari family before 2006 according to the PM’s family.
“They have to prove it and also give proof that their all actions were lawful,” the lawyer said.
The bench on Tuesday remarked that the case was limited to London flats only and the case would go somewhere else if PTI tried to divert attention of the court towards a new angle.
Justice Afzal urged the parties in the case to respect and maintain dignity of the top court.
Justice Khosa in his remarks said that he does not want to go into political matters. “Do you want us to work outside the law?” asked Justice Khosa and clarified, He said, “To prove corruption is not our job.”
The leaked papers, comprising 11.5 million documents from Panama-based law firm Mossack Fonseca, exposes how some of the world’s most powerful people have secreted their money offshore, and also implicated Sharif’s sons Hasan Nawaz and Hussain Nawaz.
Three of Sharif’s four children are named in the Panama Papers – daughter Maryam, who has been tipped to be his political successor and sons Hasan and Hussain – with the records showing they owned London real estate through offshore companies administered by Mossack Fonseca.
The Panama Papers have whipped up a storm of controversy over offshore wealth, ensnaring political leaders, sports figures and underworld members across the globe in the scandal.